23 june mentha oil @resistance and @ support| Mcx bullion tips| Monday evening commodity updates

Mcx bullion market going to down side in the evening session, both gold and silver is bearish for medium long term. Cautious point is buying at higer levels seems decreasingnow gold is trading in overbought level. While silver is in strong downtrend , currently trading down 0.52% or rs 230 at 44340. silver is coming down from the selling level.

All the metals in the base metals are trading in green. Most have seen at 1.73% lead and its June futures is trading at Rs 129.40. nickel is up 1.29% and aluminium and copper is trading with a gain of 0.8% .

If we talk about the mentha oil is bearish, mentha oil open at 768 from its previous close of 769. And on monday mentha oil trading down -0.16% to 767.80. Menthaoil is moving sideways so short term investor better to buy if close above 788.0 closing below 759.8 Sell will happen. 

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MENTHA oil Resistance and support-

Intraday Resistance of MENTHAOIL are 776.4 : 782.6 : 788.8 : 797

Intraday Support of MENTHAOIL are 761.6 : 755.4 : 749.5 : 741.5

NCDEX turmeric tips| Commodity gold silver tips| crude oil weak

In the commodity market, gold - silver , beginning with today 's edge . With a gain of 0.35 percent on MCX gold is trading at Rs 27 461 . While silver rose 0.20 per cent at Rs 40 972 .

Although crude oil is trading weaker . With 0.21 per cent in the domestic market, crude oil is trading at Rs 6118 . The Natural gas is too weak to 0.20 per cent and the price is at Rs 263 .

Base metal is a good start today . At the moment , with the metals business is green . Nickel has jumped 1.5 per cent . While copper is trading with a gain of 0.5 per cent . Besides aluminum , lead , zinc is trading with a quarter per cent .

Mentha oil with 0.30 per cent is trading at Rs 838 . Although cotton is being traded flat .

NCDEX turmeric sell target 6250 stoploss 6610

Today Evening commodity tips

SELL GOLD OCT BELOW 30320 TGT 30270/30220/ 30150 SL 30480

SELL SILVER DEC BELOW 51510 TGT 51450/ 51300/ 51000 SL 52000

BUY MENTHA OIL SEP ABOVE 894 TGT 896/ 900/ 905 SL 882

BUY NICKEL SEP ABOVE 873 TGT 878/ 883/ 890 SL 855

SELL CRUDE OIL SEP BELOW 6920 TGT 6880/ 6850/ 6820 SL 7000